Existing Motel with Development Potential DRAFT - Property Pilot

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Existing Motel with Development Potential 0.73 Ha (1.81 acres) DRAFT MODERN HOTEL DEVELOPMENT MAIN ROAD FRONTAGE POPULAR, EXPANDING MARKET TOWN WITH DEVELOPMENT POTENTIAL

Development For Sale

Aylsham Motel, Norwich Road, Aylsham, Norfolk, NR11 6JH Aylsham is an attractive and very popular market town in North Norfolk located approximately 11 miles north of the city of Norwich, 11 miles south from the coast and the town of Cromer. It is located just 7.5 miles north of the new Norwich Northern Distributor Route. Aylsham is a well established retail centre in the area and provides a number of amenties within the town, including schools, pubs, a local market, multiple grocers and supermarkets alongside recreational facilities such as playgrounds and sports fields. The site is located to the south of the town centre on the Norwich Road, north of the roundabout connecting the A140. The site is accessed directly from frontage to Norwich Road and surrounded to the south and east by arable farmland; it directly adjoins residential land to the north.

Note: Arnolds for themselves and for the vendors or lessees of this property whose agents they are give notice that (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute part of, an offer or contract: (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchaser or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) no person in the employment of Arnolds has any authority to make or give any representation or warranty whatever in relation to this property.

Aylsham Motel, Norwich Road, Aylsham, Norfolk NR11 6JH

Description

Legal Costs

The site comprises 0.74 hectares (1.83 acres) of land, square in footprint, providing approximately 106m of frontage to Norwich Road.

The ingoing tenant will be responsible for both parties' reasonably incurred legal fees.

VAT

Upon the site are two principle buildings:

Our client reserves the right to charge VAT in line with current legislation.

1.

Viewing and further information

2.

The hotel, a modern building with large function room, kitchens, restaurant and bar. There is an owner’s flat on the first floor. A bedroom wing with 16 en suite bedrooms accessed from a car park.

Strictly by appointment with the sole agent: Arnolds Keys 01603 620551

Accommodation

Guy Gowing [email protected]

We have measured the property in accordance with the RICS Code of Measuring Practice and calculate the following approximate gross internal floor area:

Jordan Marshall [email protected]

Description Main Building First Floor Apartment (3-bed)

Sq M 486.16 99.23

Sq Ft 5,233 1,068

Gardens

View from Gardens

SUBJECT TO CONTRACT - GWBG/120/1

Self-catered accommodation (motel units) Units 1-16

590.74

6,359

Terms The freehold interest in the property is available with vacant possession and offers are invited. A restrictive covenant exists, for more information please contact the agents.

Business Rates

View of Motel Room

The property has been entered onto the Valuation Office Agency website as the following: Description: Hotel and Premises Rateable Value: £27,000 Rates Payable 2017/2018: £12,582

Motel Bedrooms

Function Room